Movement Alert｜GigaDevice Intraday Rise 5.44%, CXMT IPO Catalyst Continues to Drive Value Reassessment

Market Focus

May 22

On May 22, GigaDevice (03986.HK) rose 5.44% in regular trading, trading at 717.5 HKD/share, with trading volume of approximately 83.55 million HKD. The stock continues to trade near all-time highs as the CXMT IPO catalyst sustains momentum.

The rally extends a multi-day surge driven by ChangXin Memory Technologies (CXMT) updating its IPO prospectus on May 17, revealing Q1 revenue growth of 719% year-over-year and net profit surging over 1,688%. CXMT further guided H1 net profit of RMB 50-57 billion, representing growth exceeding 2,244%. GigaDevice holds a 1.8% stake in CXMT, with Chairman Zhu Yiming serving as chairman of both companies. The two firms are deeply integrated in the supply chain, with GigaDevice projecting RMB 5.71 billion in DRAM-related procurement from CXMT in the current year. GigaDevice itself reported Q1 revenue of RMB 4.19 billion, up 119%, and net profit of RMB 1.46 billion, up 523%, driven by storage chip supply shortages and MCU demand expansion amid the ongoing DRAM super-cycle.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1106974985"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1106974985\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1106974985?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-22 09:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1106974985","market":"hk","top_or_hot":-1,"title":"Movement Alert｜GigaDevice Intraday Rise 5.44%, CXMT IPO Catalyst Continues to Drive Value Reassessment","media":"Market Focus","content":"<p><p>On May 22, GigaDevice (03986.HK) rose 5.44% in regular trading, trading at 717.5 HKD/share, with trading volume of approximately 83.55 million HKD. The stock continues to trade near all-time highs as the CXMT IPO catalyst sustains momentum.</p><p>The rally extends a multi-day surge driven by ChangXin Memory Technologies (CXMT) updating its IPO prospectus on May 17, revealing Q1 revenue growth of 719% year-over-year and net profit surging over 1,688%. CXMT further guided H1 net profit of RMB 50-57 billion, representing growth exceeding 2,244%. GigaDevice holds a 1.8% stake in CXMT, with Chairman Zhu Yiming serving as chairman of both companies. The two firms are deeply integrated in the supply chain, with GigaDevice projecting RMB 5.71 billion in DRAM-related procurement from CXMT in the current year. GigaDevice itself reported Q1 revenue of RMB 4.19 billion, up 119%, and net profit of RMB 1.46 billion, up 523%, driven by storage chip supply shortages and MCU demand expansion amid the ongoing DRAM super-cycle.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜GigaDevice Intraday Rise 5.44%, CXMT IPO Catalyst Continues to Drive Value Reassessment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜GigaDevice Intraday Rise 5.44%, CXMT IPO Catalyst Continues to Drive Value Reassessment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-05-22 09:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On May 22, GigaDevice (03986.HK) rose 5.44% in regular trading, trading at 717.5 HKD/share, with trading volume of approximately 83.55 million HKD. The stock continues to trade near all-time highs as the CXMT IPO catalyst sustains momentum.</p><p>The rally extends a multi-day surge driven by ChangXin Memory Technologies (CXMT) updating its IPO prospectus on May 17, revealing Q1 revenue growth of 719% year-over-year and net profit surging over 1,688%. CXMT further guided H1 net profit of RMB 50-57 billion, representing growth exceeding 2,244%. GigaDevice holds a 1.8% stake in CXMT, with Chairman Zhu Yiming serving as chairman of both companies. The two firms are deeply integrated in the supply chain, with GigaDevice projecting RMB 5.71 billion in DRAM-related procurement from CXMT in the current year. GigaDevice itself reported Q1 revenue of RMB 4.19 billion, up 119%, and net profit of RMB 1.46 billion, up 523%, driven by storage chip supply shortages and MCU demand expansion amid the ongoing DRAM super-cycle.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03986","symbol_name":"兆易创新","start_time":0,"source_url":"","article_id":"1106974985","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106974985","pubTimestamp":1779413511,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On May 22, GigaDevice (03986.HK) rose 5.44% in regular trading, trading at 717.5 HKD/share, with trading volume of approximately 83.55 million HKD. The stock continues to trade near all-time highs as...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03986":"兆易创新"},"translate_title":"动向提示|兆易创新盘中涨5.44%CXMT IPO催化剂持续驱动价值重估","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03986":1},"content_text":"On May 22, GigaDevice (03986.HK) rose 5.44% in regular trading, trading at 717.5 HKD/share, with trading volume of approximately 83.55 million HKD. The stock continues to trade near all-time highs as the CXMT IPO catalyst sustains momentum.The rally extends a multi-day surge driven by ChangXin Memory Technologies (CXMT) updating its IPO prospectus on May 17, revealing Q1 revenue growth of 719% year-over-year and net profit surging over 1,688%. CXMT further guided H1 net profit of RMB 50-57 billion, representing growth exceeding 2,244%. GigaDevice holds a 1.8% stake in CXMT, with Chairman Zhu Yiming serving as chairman of both companies. The two firms are deeply integrated in the supply chain, with GigaDevice projecting RMB 5.71 billion in DRAM-related procurement from CXMT in the current year. GigaDevice itself reported Q1 revenue of RMB 4.19 billion, up 119%, and net profit of RMB 1.46 billion, up 523%, driven by storage chip supply shortages and MCU demand expansion amid the ongoing DRAM super-cycle.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}